Class 7 Maths Worksheet: Profit and Loss, Simple Interest
The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.
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- 1.A fan costs ₹1000. It is sold at a 10% loss. What is the selling price (in ₹)?
- 2.A shopkeeper buys a sewing machine for ₹300 and sells it for ₹370. What is the profit (in ₹)?
- 3.What is the simple interest on ₹1500 at 3% per year for 1 year (in ₹)?
- 4.The price of a school bag changed from ₹25 to ₹15. What is the percentage decrease?
- 5.A shopkeeper buys a mobile phone for ₹3000 and sells it for ₹2700. What is the loss (in ₹)?
- 6.What is the amount (principal + simple interest) on ₹3900 at 6% per year for 2 years (in ₹)?
- 7.What is the amount (principal + simple interest) on ₹900 at 4% per year for 5 years (in ₹)?
- 8.What is 75% of 420?
- 9.What is the simple interest on ₹5700 at 6% per year for 1 year (in ₹)?
- 10.A cricket kit bought for ₹2600 is sold for ₹3120. What is the profit per cent?
- 11.A shopkeeper buys a table for ₹1100 and sells it for ₹1310. What is the profit (in ₹)?
- 12.What is the amount (principal + simple interest) on ₹9600 at 11% per year for 3 years (in ₹)?
- 13.A cricket kit costs ₹1700. It is sold at a 15% profit. What is the selling price (in ₹)?
- 14.What is the simple interest on ₹3300 at 6% per year for 5 years (in ₹)?
- 15.A watch costs ₹3900. It is sold at a 50% profit. What is the selling price (in ₹)?
- 16.A shopkeeper buys a watch for ₹2200 and sells it for ₹2120. What is the loss (in ₹)?
- 17.What is 65% of 660?
- 18.A shopkeeper buys a cooler for ₹1100 and sells it for ₹1160. What is the profit (in ₹)?
- 19.What is the simple interest on ₹9900 at 5% per year for 4 years (in ₹)?
- 20.A shopkeeper buys a watch for ₹650 and sells it for ₹640. What is the loss (in ₹)?
- 21.The price of a school bag changed from ₹40 to ₹36. What is the percentage decrease?
- 22.A fan costs ₹1200. It is sold at a 25% profit. What is the selling price (in ₹)?
- 23.What is 15% of 420?
- 24.What is 5% of 660?
- 25.What is 20% of 300?
- 26.What is 40% of 980?
- 27.The price of a cricket ball changed from ₹20 to ₹2. What is the percentage decrease?
- 28.A cooler bought for ₹2800 is sold for ₹2660. What is the loss per cent?
- 29.What is 10% of 720?
- 30.A sewing machine bought for ₹2200 is sold for ₹2310. What is the profit per cent?
- 31.A mobile phone bought for ₹3200 is sold for ₹2880. What is the loss per cent?
- 32.A watch costs ₹1200. It is sold at a 10% loss. What is the selling price (in ₹)?
- 33.A sewing machine costs ₹200. It is sold at a 10% profit. What is the selling price (in ₹)?
- 34.A watch bought for ₹200 is sold for ₹160. What is the loss per cent?
- 35.A cooler costs ₹500. It is sold at a 20% profit. What is the selling price (in ₹)?
- 36.A sewing machine bought for ₹1500 is sold for ₹1350. What is the loss per cent?
- 37.What is 80% of 680?
- 38.A sewing machine costs ₹3200. It is sold at a 12% loss. What is the selling price (in ₹)?
- 39.What is 30% of 180?
- 40.What is the amount (principal + simple interest) on ₹500 at 7% per year for 5 years (in ₹)?
Answer key
- 900
- 70
- 45
- 40
- 300
- 4368
- 1080
- 315
- 342
- 20
- 210
- 12768
- 1955
- 990
- 5850
- 80
- 429
- 60
- 1980
- 10
- 10
- 1500
- 63
- 33
- 60
- 392
- 90
- 5
- 72
- 5
- 10
- 1080
- 220
- 20
- 600
- 10
- 544
- 2816
- 54
- 675
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